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1 day ago · An asset was purchased for $120,000 on January 1, Year 1 and originally estimated to have a useful life of 10 years with a residual value of $10,000. At the beginning of the third year, it was determined that the remaining useful life of the asset was only 4 years with a residual value of $2,000.
1 day ago · A machine originally had an estimated useful life of 6 years, but after 4 complete years, it was decided that the original estimate of useful life should have been 10 years. At that point the remaining cost to be depreciated should be allocated over the remaining: a. 2 years b. 4 years c. 6 years d. 16 years e. 10 years
1 day ago · D. useful life., The book value of an asset is equal to the A. asset's fair value less its historical cost. B. blue book value relied on by secondary markets. C. replacement cost of the asset. D. asset's cost less accumulated depreciation. and more.
4 days ago · Remaining useful life (RUL) prediction is essential for strategic maintenance planning and enhancing overall operational efficiency. To address the challenges posed by limited data and deteriorated models, this paper introduces an innovative method for RUL prediction using small sample data, leveraging the integration of data and models.
4 days ago · if a patent has an acquisition value of $100k and has a useful life of 5 years, then the depreciation expense for the year will be $100k/5 years = $20,000. AIIP rules: Assets became AFU by 2023,The first year CCA equal to 3 times the normal first-year CCA (the normal first-year CCA means the CCA with the half-year rule)
15 hours ago · A self-replicating form of artificial life has arisen from a digital “primordial soup” of random data, despite a lack of explicit rules or goals to encourage such behaviour.
3 days ago · The prediction of remaining useful life (RUL) is a critical component of prognostic and health management for industrial systems. In recent decades, there has been a surge of interest in RUL prediction based on degradation data of a well-defined degradation index (DI).
